Robust, high-growth companies such as Godrej Agrovet are appealing to investors for many reasons. They bring about a strong upside to your portfolio, and less downside risk as opposed to financially challenged companies. I would suggest taking a look at my list of companies that compare favourably in all criteria, and consider whether they would add value to your current portfolio.
Godrej Agrovet Limited (BSE:540743)
Godrej Agrovet Limited, an agri-business company, provides products and services that enhance crop and livestock yields. Godrej Agrovet was formed in 1991 and has a market cap of INR ₹115.40B, putting it in the large-cap stocks category.
An outstanding 21.77% earnings growth is forecasted for 540743, driven by an underlying sales growth of 25.99% over the next few years. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 21.89%. 540743’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Could this stock be your next pick? I recommend researching its fundamentals here.
Dollar Industries Limited (NSEI:DOLLAR)
Dollar Industries Limited manufactures and markets hosiery and garments primarily in India. Started in 1972, and now run by Vinod Gupta, the company currently employs 578 people and with the company’s market cap sitting at INR ₹24.24B, it falls under the large-cap stocks category.
Driven by the positive double-digit sales growth of 34.86% over the next few years, DOLLAR is expected to deliver an excellent earnings growth of 30.98%. It appears that DOLLAR’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 25.20%. DOLLAR ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Want to know more about DOLLAR? Have a browse through its key fundamentals here.
BEML Limited (BSE:500048)
BEML Limited provides products and services to the mining and construction, rail and metro, and defense and aerospace sectors in India. Formed in 1964, and run by CEO Deepak Hota, the company provides employment to 11,798 people and with the company’s market capitalisation at INR ₹62.87B, we can put it in the large-cap category.
Want to know more about 500048? I recommend researching its fundamentals here.For more financially robust companies with high growth potential to enhance your portfolio, use our free platform to explore our interactive list of these stocks.